UK to issue 'hundreds' of new oil, gas licences in North Sea

Singapore News News

UK to issue 'hundreds' of new oil, gas licences in North Sea
Singapore Latest News,Singapore Headlines
  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 31 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 66%

LONDON: The UK government said on Monday (Jul 31) it would issue 'hundreds' of new oil and gas licences in the North Sea to secure energy reserves while still aiming for net zero carbon emissions by 2050.

A study released on Monday by the North Sea Transition Authority said the carbon footprint from domestic UK gas production was one-fourth the footprint from imported liquified natural gas.Environmental group Greenpeace called the announcement a"cynical political ploy to sow division" in which"climate is collateral damage".

Hugo Tagholm, director of Oceana UK, an ocean advocacy organisation, called the decision a"betrayal of the British people by a government entirely fixated on short-term profits, with no regard for a future for our children and generations to come". Energy giant Shell, which is involved in one of the carbon capture projects, hailed it as a"central part of plans to decarbonise North Sea operations".

Environmental policies have been a hot topic in the UK, especially since Labour's surprise defeat by the ruling Conservative party in a west London by-election.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

ChannelNewsAsia /  🏆 6. in SG

Singapore Latest News, Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Britain to grant new North Sea oil and gas licencesBritain to grant new North Sea oil and gas licencesMore than 100 new oil and gas licences are granted as part of an effort to become more energy independent. Read more at straitstimes.com.
Read more »

Barramundi Group stops farming sea bass in S’pore due to deadly virus outbreakBarramundi Group stops farming sea bass in S’pore due to deadly virus outbreakThe virus can kill more than half a pen of Asian sea bass, which is often touted as the salmon of the tropics. Read more at straitstimes.com.
Read more »

Spain prepare for Japan clash with fond memories of Palmerston NorthSpain prepare for Japan clash with fond memories of Palmerston NorthWELLINGTON : The Spain squad had 'great memories' of their training camp in the New Zealand town of Palmerston North and only moved to Wellington early for logistical reasons, coach Jorge Vilda said on Sunday. A media report on Saturday said the Spanish had left for the capital ahead of schedule because t
Read more »

Road in Serangoon North being widened as new homes sprout upRoad in Serangoon North being widened as new homes sprout upA road in Serangoon North is being widened to cope with a possible rise in vehicular traffic after residents move into new developments in the area. The Land Transport Authority (LTA) told The Straits Times that it is widening and improving a 180m stretch of Serangoon North...
Read more »

Dennis becomes Britain's first Formula E championDennis becomes Britain's first Formula E championLONDON : Jake Dennis became the first British driver to win the all-electric Formula E world championship when he finished second for Avalanche Andretti on Saturday in the first of two season-ending home races in London.The 28-year-old took his 10th podium of the season and an unbeatable lead over New Ze
Read more »

Burger king: Prince William serves up food to surprised dinersLONDON - Britain’s Prince William served up a surprise to hungry members of the public when he dished out environmentally friendly burgers from a food truck in south London. In a video released on Sunday, the heir to the throne handed out “Earthshot Burgers” to...
Read more »



Render Time: 2025-03-10 18:41:58